H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when the information is available, on (202) 452-3206. ::^iFt^\ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks April 2, 1992 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Apr 1, 1992 Mar 25, 1992 Apr 3, 1991 Apr 1, 1992 Reserve Bank credit1 2 308,744 + 1,802 + 21,856 310,522 U.S. government securities Bought outright--system account 266,267 - 523 + 25,400 266,449 Held under repurchase agreements 3,163 + 2,300 + 1,742 3,717 Federal agency obligations Bought outright 5,953 - 7 - 389 5,910 Held under repurchase agreements 7 - 50 - 51 49 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 122 + 87 - 9 645 Seasonal credit 37 - 2 - 30 32 Extended credit 1 - 1 - 52 0 Float 356 - 201 - 706 1,022 Other F.R. assets 32,839 + 200 - 4,049 32,698 Gold stock 11,057 0 - 1 11,057 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,172 + 14 + 595 21,172 Total factors supplying reserve funds 350,991 +~ 1,816 + 22,451 352,770 Currency in circulation* 302,973 + 56 + 15,979 303,604 Treasury cash holdings* 710 + 5 + 85 704 Deposits, other than reserve balances, with F.R. Banks Treasury 5,184 - 539 - 3,168 2,531 Foreign 241 + 37 + 15 242 Service-related balances and adjustments3 4,613 - 290 + 1,786 4,613 Other 285 + 3 + 76 314 Other F.R. liabilities and capital 8,077 - 46 + 1,950 7,750 Total factors, other than reserve balances, absorbing reserve funds 322,083 - 774 + 16,725 319,757 Reserve balances with F.R. Banks4 28,908 + 2,590 + 5,726 33,012 On April 1, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 271,583 million, a change of + $ 2,229 million for the week. 1 Net of $ 5,980 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,980 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5.987 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,987 million was with foreign official and international accounts. Includes $ 240 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,462 million and adjustments of $ 152 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury's figures). Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since Wednesday Wednesday Wednesday Apr 1, 1992 Mar 25, 1992 Apr 3, 1991 ASSETS Gold certificate account 11,057 0 1 Special drawing rights certificate account 10,018 0 0 Coin 597 9 54 Loans 678 608 422 Acceptances 0 0 0 Federal agency obligations Bought outright 5,910 49 431 Held under repurchase agreements1 49 51 217 U.S. government securities Bought outright—Bills 130,146 615 17,019 Notes 104,260 0 8, 354 : Bonds 32,043 0 780 Total bought outright2 266,449 615 26 153 :1 Held under repurchase agreements1 3,717 2,557 654 Total U.S. government securities 270,166 3,172 25, 499 : Total loans and securities 276,803 3,679 25, 272 : Items in process of collection (847) 6,494 1,660 990 Bank premises 1,009 2 110 Other assets3 31,749 128 3, 931 : TOTAL ASSETS (847) 337,727 5,204 22, 386 : LIABILITIES Federal Reserve notes 283,733 612 15;, 282 Deposits Depository institutions 37,636 5,789 + 6:, 623 U.S. Treasury—general account 2,531 2,101 - 1:870 Foreign—official accounts 242 70 + 28 Other 314 9 + 92 Total deposits 40 ,723 + 3,767 + 4 873 ;1 Deferred availability cash items (847) 5 ,522 + 1,064 + 297 Other liabilities and accrued dividends4 2 >202 - 33 - 283 TOTAL LIABILITIES (847) 332,179 5,410 + 20:, 169 CAPITAL ACCOUNTS Capital paid in 2,746 4 + 245 Surplus 2,597 7 + 1:,837 Other capital accounts 205 203 + 135 * Figures in parentheses are the eliminations made in the consolidation process. 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts of which $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 5,987 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 240 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 65 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, APRIL 1, 1992 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. Millions of dollars U.S. gove rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 663 0 WWiitthhiinn 1155 ddaayyss 15,705 + 1,218 69 231 16 days to 90 days 15 0 1166 ddaayyss ttoo 9900 ddaayyss 64,311 + 1,276 524 11 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 87,891 + 717 1,715 + 191 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 62,473 40 2,750 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 15,192 0 747 49 OOvveerr 1100 yyeeaarrss 24,594 0 154 0 Total 678 0 TToottaall 270,166 + 3,172 5,959 101 Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON APRIL 1, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,057 747 3,912 318 692 948 479 1,370 328 171 370 515 1,207 Special drawing rights certif. acct. 10,018 711 3,395 319 645 961 303 1,336 307 172 334 463 1,072 Coin 597 47 18 59 35 103 45 62 25 21 31 45 107 Loans 678 4 0 81 0 355 87 12 2 10 8 0 120 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,910 400 2,329 156 370 468 198 743 157 76 164 232 618 Held under repurchase agreements1 49 0 49 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 130,146 8,811 51,290 3,439 8,143 10,295 4,353 16,354 3,447 1,683 3,607 5,106 13,619 Notes 104,260 7,058 41,089 2,755 6,524 8,247 3,487 13,101 2,761 1,348 2,890 4,091 10,910 Bonds 32,043 2,169 12,628 847 2,005 2,535 1,072 4,026 849 414 888 1,257 3,353 Total bought outright2 266,449 18,038 105,008 7,040 16,672 21,076 8,911 33,481 7,057 3,445 7,385 10,454 27,881 Held under repurchase agreements1 3,717 0 3,717 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 270,166 18,038 108,725 7,040 16,672 21,076 8,911 33,481 7,057 3,445 7,385 10,454 27,881 Total loans and securities 276,803 18,442 111,103 7,278 17,042 21,898 9,196 34,235 7,216 3,531 7,557 10,686 28,620 Items in process of collection 7,342 404 855 712 284 500 973 658 257 360 379 657 1,303 Bank premises 1,009 89 135 44 35 124 57 112 29 32 53 153 146 Other assets3 31,749 1,284 10,058 1,178 1,892 2,128 2,603 3,830 788 766 1,121 2,293 3,808 Interdistrict settlement account 0 -1,826 -16,371 +3,068 +1,202 +55 +1,062 -1,252 +1,133 +3,003 +1,391 +1,622 +6,911 TOTAL ASSETS 338,575 19,898 113,106 12,976 21,826 26,717 14,717 40,352 10,083 8,055 11,236 16,434 43,174 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 5,987 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 240 million securities loaned-fuily secured by U.S. government securities, 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 65 million in Treasury bills maturing within 90 days. Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON APRIL 1, 1992 Millions of dollars 1 ' Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes ! 283,733 17,224 98,480 10,172 19,605 22,906 10,306 35,495 8,642 6,661 9,404 12,863 31,975 Deposits Depository institutions 37,636 1,956 8,539 1,875 1,526 2,765 3,193 3,306 1,024 850 1,200 2,437 8,964 U.S. Treasury—general account ; 2,531 0 2,531 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts i 242 9 69 10 15 16 22 29 6 6 9 19 31 Other 314 2 149 1 1 75 9 66 1 4 3 1 3 Total deposits 40,723 1,967 11,283 1,886 1,542 2,856 3,224 3,402 1,030 861 1,212 2,457 8,998 Deferred credit items 6,369 358 731 633 214 433 659 534 219 354 355 608 1,272 Other liabilities and accrued dividends1 2,202 136 942 53 124 163 74 259 53 29 60 87 216 TOTAL LIABILITIES 333,027 19,685 111,441 12,749 21,485 26,358 14,264 39,690 9,945 7,905 11,030 16,015 42,460 CAPITAL ACCOUNTS Capital paid in 2,746 100 796 114 166 174 258 322 67 78 102 215 353 Surplus 2,597 98 771 105 161 171 196 321 66 70 99 204 336 Other capital accounts 205 15 97 7_ 14 15 o_ 20 5_ 2_ 4_ 0_ 26 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 338,575 19,898 113,106 12,976 21,826 26,717 14,717 40,352 10,083 8,055 11,236 16,434 43,174 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 361,794 22,901 124,265 12,796 22,603 30,318 16,532 40,229 11,118 8,107 11,957 17,060 43,906 Less—Held by F.R. Banks 78,061 5,677 25,785 2,624 2,998 7,412 6,227 4,734 2,476 1,446 2,553 4,197 11,932 F.R. notes, net 283,733 17,224 98,480 10,172 19,605 22,906 10,306 35,495 8,642 6,661 9,404 12,863 31,975 Collateral held against F.R. notes Gold certificate account 11,057 Special drawing rights certificate account 10,018 I Other eligible assets 0 U.S. govt, and agency securities 262,658 1 Total collateral 283,733 | 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis